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Dec 4, 2012
12/12
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i have seen india and china when we went to china in 2004, maybe 2003, the period with an india and china was maybe $2 billion. it was a mango driven trade. today, i think this month the chinese prime minister promised to india we are going to talk 150 billion as the next horizon. this is without, without drawing on line issues but it is drawing on claims. so i think what asia is looking for is that we can have coalitions within each other without necessarily being get david to. now, it's a dangerous game but all games are dangerous, as kissinger made a lifetime career out of asia. but this is the way it is, and military power as a dominant element of strategy will not work. as a background element of strategy, yes. essential, important. it could have for the first time three years ago, there was a conference in which we discussed india and american cooperation in the pacific. never happened before. it doesn't mean that navies are going to march and conquer the items. but we are taking positions which are cooperative, which are dynamic, and which recognize that nations change, people chan
i have seen india and china when we went to china in 2004, maybe 2003, the period with an india and china was maybe $2 billion. it was a mango driven trade. today, i think this month the chinese prime minister promised to india we are going to talk 150 billion as the next horizon. this is without, without drawing on line issues but it is drawing on claims. so i think what asia is looking for is that we can have coalitions within each other without necessarily being get david to. now, it's a...
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Dec 4, 2012
12/12
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this is not -- in south china sea, china is trying to advance. with the philippines and vietnam and other countries. they claim the islands at least in south china sea. east china sea there is an issue with japan. and from japan, -- [inaudible] the taiwan, the philippines, this is called -- from the viewpoint of china. violence exists in the pacific. china openly express their strong interest in the maritime security and also the territory along those islands. so these china sea, this is not isolated when. this is a kind of china military strategy to advance. >> that's an important point. which are basically saying this is about power. and a powerful which china is going to become more powerful. they are powerful to write history. we write history. you are seeing lines challenge, and i remember talking to george soros once when, after he so go the back of england, wrote the bank of england and what he saw as a hedge fund manager as a chance to basically drive so hard against the line that fundamentally the institutional power on the bank of engla
this is not -- in south china sea, china is trying to advance. with the philippines and vietnam and other countries. they claim the islands at least in south china sea. east china sea there is an issue with japan. and from japan, -- [inaudible] the taiwan, the philippines, this is called -- from the viewpoint of china. violence exists in the pacific. china openly express their strong interest in the maritime security and also the territory along those islands. so these china sea, this is not...
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Dec 4, 2012
12/12
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CNBC
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china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the top 2%, it'll be 38%. some kind of compromise in the a area. the bad news and i've said this several times, the era of american austerity is beginning now and everybody is starting to realize that. the question is what's it going to look like? the good news is it's likely to be a gentle austerity, if i can say that, in 2013 and probably 2014 depending on the spending cuts. and there will be some cushion. the fed likely will continue its q/e program. they'll likely continue that during their meeting on december
china is okay. a lot of talk some institutional people might begin selling at this point because certainly retail investors in the u.s. are definitely buying the gold through the gld right now. the fiscal cliff very quickly here because the general consensus outlines of a deal out there. i know it doesn't sound that way. they're far apart. blah-blah. here is the idea. elements are emerging, folks, higher tax rates. nobody down here doesn't think there isn't going to be. if it's not 39% for the...
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138
Dec 4, 2012
12/12
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so that we can do this safely, so that we can do oil retractions safely. that we can
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in...
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Dec 4, 2012
12/12
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KTVU
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only china finished with gains as it is bouncing back from a four-year low. futures indicate a four-year low, no big moves but what we saw is them testing the 13,000 level but the nasdaq and s&p 500 all slipped a bit yesterday. oracle will play quarterly dividends and it is an effort to avoid tax hikes for its investors. it will pay dividends to total 18 cents a share. starting in january, they will tax it as order income unless they reach a compromise on federal spending. >>> time now 519, could it be a new job for hillary rodham clinton, after stepping down for secretary of state. >>> and the biggest gain for the head coach, why they are on a leave of accident tort team. >>> you can wake up every morning, get the top stories sent straight to your cell phone, every week day morning, 6:00 a.m. you can get your wake-up call by texting the word wake up to 70123. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealer
only china finished with gains as it is bouncing back from a four-year low. futures indicate a four-year low, no big moves but what we saw is them testing the 13,000 level but the nasdaq and s&p 500 all slipped a bit yesterday. oracle will play quarterly dividends and it is an effort to avoid tax hikes for its investors. it will pay dividends to total 18 cents a share. starting in january, they will tax it as order income unless they reach a compromise on federal spending. >>> time...
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149
Dec 4, 2012
12/12
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if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it is just stupid. they should have done the tax cuts first and then see if they need to raise taxes. the more sound policy is to cut some savings first to even see if we have to raise taxes. host: here is the statement put out by the white house yesterday. it actually promises to lower rates for the wealthy and sticks the middle class with the bell. bill. susan in pennsylvania, a democratic caller. welcome to the conversation. caller: what i am thinking is the bush tax cuts or a huge disaster. why don't we simply ask everyone to pay back what they got in the bush tax cuts? we could giv
if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it...
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Dec 4, 2012
12/12
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if they understood that the highway fund is running a deficit, and having to borrow from china to fix the reds, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds of other taxes. as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from
if they understood that the highway fund is running a deficit, and having to borrow from china to fix the reds, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds...